Supporting corporate customers' fundamentals

OP provides its corporate customers with versatile banking, non-life insurance and wealth management services and health and wellbeing services. These include, for example, financing, payment transaction and cash management services, investment services, expert services related to business development, risk management, employee wellbeing and internationalisation. We aim at creating total customer relationships on a long-term basis, by tailoring solutions according to the customer’s needs.

A variety of choices and options are involved in the establishment of a business and the various stages of growth. OP provides support for all business stages. In 2017, OP began piloting of OP Self-employed, a service designed to make starting a business easier for beginner entrepreneurs.

International operations backed by our broad-based partner network and Baltic branches

We support companies’ business not only in Finland but also abroad through our extensive range of international services and a network of trusted partners.

As a corporate partner, we wish to promote the success and internationalisation of Finnish business. International service capabilities being high on the agenda, we establish, for example, well-thought-out international partnerships based on the needs of our customers. In late 2017, we opened a representative office in Shanghai, China in a bid to support Finnish companies' growth and internationalisation in the Asian market.

OP Financial Group also has branches in Estonia, Latvia and Lithuania. Baltic Banking offers a comprehensive range of banking services for corporate customers. In December 2017, OP announced it would sell all share capital of its Baltic-based non-life insurance company Seesam Insurance As (Seesam), including its Latvian and Lithuanian branches, to Vienna Insurance Group (VIG). Established in 1991, Seesam became part of OP Financial Group in 2006. The completion of the sale is conditional on obtaining the regulatory approval of the authorities.

Alongside our own branches and representative offices, we provide international services in cooperation with our global partner network. OP cooperates with foreign banks which have established a firm foothold in their markets, boast the best expertise in local business and banking and have the best opportunities to provide corporate customers with services meeting the market needs. This cooperation ranges from payment transfers all the way to strategic partnerships. In non-life insurance, OP cooperates with RSA, a leading global non-life insurer operating in over 100 countries through its network.